Is Video Earnings Call the Next Big Thing?

7/12/2013 11:24AM

Netflix’s newest original show stars its own executives. The streaming video has announced it will stream its earnings call this month. Could this take off with other companies? Miriam Gottfried discusses.

This transcript has been automatically generated and may not be 100% accurate.

... I ... I ... Netflix is that sells plastic Ramirez for new shows this year ... but its newest show starts on executives ... as earnings seasons as earnings season kicks off ... Netflix and announce that it will live stream second-quarter earnings call her on the Street's Miriam Gottfried joins us now with the de tails ... I like it but this one on the MoneyBeat blogged ... giving is I love that I didn't do for you to all the time ... this is pretty interesting yet so this silly not its own video apps to see me be clear so you can go on as a shareholder or as just an interested party ... in you can watch ... Reed Hastings and I aam and as CFO David Wells talk about ... the performance of endurance now the ... woodstove for years know these these conference calls post earnings report covered calls or standard things right you is having the CEO joins the ANC oppose ... usually though it's it's Liz is a conference call with analysts on that they'll get to ask what you know that ... the executives can dish Elan then all the analysts ask questions ... not only is is going to be broadcast on video on Netflix which is different but the format is going to be different ... yes so it instead of having ... the CEO to sort of the preamble and the CFO do a little financial preamble and then opening it up to questions which is the typical format of a conference call ... there's been a B ... of questions that are asked by analysts and non A and journalists could they've ... asked to come on and sort of ... interview in the executive so it's been any unique format ... the question for Netflix is when will it really reveal as much right as a regular conference call I mean ... don't get me wrong ... a lot of these conference calls are pretty well over her stated means to the extent that they can be ... aam you know I'm sure ... executives ... have rehearsals literally in practice at a answering the kinds of questions that are likely to be asked because they sort of know what the Navy and spurred ... on by in this case the questions are going to be submitted to ALM ... the analysts and journalists students of the new grill Greenfield of BTIG in Asia and Jillian were steam from the CDC get ... our anyone's asking the question ... so you ... need to send your questions in to them they select the right from the questions ... haven't been as Sandy and impose than you think the streets gonna like this ... the look it actually feels a little gimmicky to me ... um actually it's interesting to find out what Netflix was doing before ... which was then it was ... not actually ... opening itself up to regular questions from analysts in the way to unite in the traditional conference Collins said ... the analysts would have to e mail or ... call in their questions in advance ... and then ... and then they're director of IR would read ... the questions to the ... executives in the and the answer till it was a sort of a selective process even before him and now we don't really know ... how selected this can be ... we don't really know you know how much impact the snow ... Netflix and me Hastings Infiniti so that the four for the yes we're infamously it's okay yes the forefront of using new media such an immediate ... to get out ... of corporate messages right yes this is part of that ... do you think I may look not every company has their own streaming via video service ... that you think this is something that is ... the bold goal from Netflix other topic ... I think it depends on how well works in Netflix itself has told me you know we're just trying a new idea from beer company that likes to push the envelope and write new things with technology and not serve our Mylan were doing that here we don't know if this is even can it be what we do in our third-quarter conference on the decisions on how it works ... but I think other counties will probably be watching to see ... how does this work out I aam ... doesn't provide a format where ... aam more information is conveyed to investors who do investors think of it on ... now that people been pretty cautious about reading into the social media territory which Netflix was sort of the ... trailblazer and so will the economy he opens it up to more just viewers watching future of angel investors ... you know listening to the scope of the only know with a lot of hard to find ... this makes it a lot easier that at the very sort of prominent place that's true and in that sense it might be yet more of a democratizing forcing the midnight rope in more retail investors an anti gay and you know people who ... would normally have never listened to a conference call ... I joined twenty second is that the the the that's right I've been watching for me and think you're a much my pleasure